Rongsheng Petrochemical Co., Ltd.

SZSE:002493 Stock Report

Market Cap: CN¥87.1b

Rongsheng Petrochemical Past Earnings Performance

Past criteria checks 2/6

Rongsheng Petrochemical's earnings have been declining at an average annual rate of -15.9%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 29.4% per year. Rongsheng Petrochemical's return on equity is 3.5%, and it has net margins of 0.6%.

Key information

-15.9%

Earnings growth rate

-16.0%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate29.4%
Return on equity3.5%
Net Margin0.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Little Excitement Around Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Revenues

Nov 26
Little Excitement Around Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Revenues

Rongsheng Petrochemical (SZSE:002493) Has A Somewhat Strained Balance Sheet

Oct 15
Rongsheng Petrochemical (SZSE:002493) Has A Somewhat Strained Balance Sheet

Is Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Potentially Undervalued?

Sep 30
Is Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Potentially Undervalued?

The Return Trends At Rongsheng Petrochemical (SZSE:002493) Look Promising

Sep 13
The Return Trends At Rongsheng Petrochemical (SZSE:002493) Look Promising

Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Business And Shares Still Trailing The Industry

Jun 28
Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Business And Shares Still Trailing The Industry

Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching

Jun 13
Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching

Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load

May 28
Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load

Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next

Apr 28
Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next

Returns On Capital At Rongsheng Petrochemical (SZSE:002493) Have Hit The Brakes

Apr 27
Returns On Capital At Rongsheng Petrochemical (SZSE:002493) Have Hit The Brakes

Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S

Mar 25
Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S

Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?

Feb 27
Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?

Revenue & Expenses Breakdown

How Rongsheng Petrochemical makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002493 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24331,2611,9271,4594,162
30 Jun 24331,8363,1431,2865,759
31 Mar 24336,4793,1781,1766,490
31 Dec 23325,1121,1581,1756,555
30 Sep 23303,024-2,0039897,194
30 Jun 23295,993-3,1539575,650
31 Mar 23290,214-1,2439724,763
01 Jan 23289,0953,3411,0064,367
30 Sep 22278,8368,5651,0804,467
30 Jun 22246,28612,0371,0574,400
31 Mar 22217,09513,7301,0654,382
01 Jan 22183,07513,2369133,915
30 Sep 21159,00711,7786303,383
30 Jun 21141,39910,6676262,644
31 Mar 21120,7938,7044882,247
31 Dec 20107,2657,3095801,964
30 Sep 20100,4576,0138491,613
30 Jun 2093,2914,3681,0471,395
31 Mar 2087,0912,8281,159958
31 Dec 1982,5002,2071,166981
30 Sep 1988,0441,6241,2881,045
30 Jun 1993,4061,5081,2271,054
31 Mar 1989,7821,5771,172997
31 Dec 1891,4251,6081,089956
30 Sep 1882,7162,291932874
30 Jun 1874,3492,0604621,213
31 Mar 1874,5452,031694974
31 Dec 1772,0392,017807879
30 Sep 1766,4562,247877652
30 Jun 1762,2002,2961,5200
31 Mar 1753,8852,3911,4080
31 Dec 1645,5011,9211,3060
30 Sep 1640,6001,5241,2350
30 Jun 1634,9239131,0100
31 Mar 1630,6694918560
31 Dec 1528,6743527900
30 Sep 1526,298-3037720
30 Jun 1526,860-1297070
31 Mar 1529,372-1936930
31 Dec 1431,811-3476780
30 Sep 1431,149875750
30 Jun 1432,4291165930
31 Mar 1431,389735700
31 Dec 1329,3562305500

Quality Earnings: 002493 has high quality earnings.

Growing Profit Margin: 002493 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002493's earnings have declined by 15.9% per year over the past 5 years.

Accelerating Growth: 002493 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002493 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-4.7%).

Return on Equity

High ROE: 002493's Return on Equity (3.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rongsheng Petrochemical Co., Ltd. is covered by 27 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ruzhen YeChangjiang Securities Co. LTD.
Wenpo RenChina Galaxy Securities Co., Ltd.
Kaiming FuChina International Capital Corporation Limited